Nippon Paint Marines ground-breaking nano-based antifouling FASTAR Ihas been selected for the trio of energy-efficient box ships the Tsuneishi Group is building for Chinas Jiangsu Ocean Shipping Co (JOSCO). The first 1091TEU ship in the ser

Investment Headache Tanker investments these days are not a straightforward decision. A prospective buyer is faced with a combination of price pressure, regulatory uncertainties, long term demand concerns and limited near term yard availabi

The Seafarers International Relief Fund (SIRF) is appealing to the maritime industry to support seafarers and their families impacted by the crisis in Ukraine. The fund has already raised over 177,000 and secured pledges of a further 37,000

On April 28th, the MEPs serving on the TRAN Committee voted to adopt their opinion and proposed amendments as input to the European Parliaments consideration of the EU ETS revision. Regulation to include shipping in the EU ETS is under deve

China is the worlds largest importer of crude oil and Russia is the second largest crude exporter. Much of the crude oil trade between the two countries, however, is piped and the short distance from Far East Russia to China also limits the

On April 28, the signing ceremony of CNOOCs medium and long-term FOB resource supporting LNGtransportationproject(phase II)was successfully held. Hudong-Zhonghua Shipbuildingand China ShipbuildingTrading, as joint sellers, and the buyerrepr

Following Huatai Circular PNI[2021]05 issued in April, 2021, the Ministry of Agriculture and Rural Areas has not published a new Circular to adjust the system of summer fishing ban in China. According to the Notice of Ministry of Agricultur

Hegh Autoliners announced that it has signed a contract to build an additional four new multi-fuel and zero carbon ready Aurora class vessels on the same terms and specifications as the first four vessels. The Aurora class vessels have attr

With the goal of building a leading investment company in Asia, Yangzijiang Financial Holding, which was established by the spin-off of the investment business department of Yangzijiang Shipbuilding Group, was officially listed. Through thi

On April 15, M.V. LE CONG, a vessel operated by COSCO SHIPPING Specialized Carriers, docked firmly at Berth No.17 of COSCO SHIPPING Ports Xiamen Ocean Gate Container Terminal. With the issuance of remote instructions, the 5G unmanned contai

Chinas transport sector notched an increase in fixed-asset investment in the first quarter of the year (Q1), the Ministry of Transport said Tuesday. In the January-March period, fixed-asset investment in the sector amounted to 636 billion y

On April 27, 2022, the launching of one 156,500 DWT Crude Oil Tanker bearing builders hull no.0315855 has been carried out successfully by New Times Shipbuilding Co., Ltd.. The companys Chairman Mr.Yuan Kaifei, CEO Mr. Liu Haijin and Execut

CNOOC Limited announced changes to its board of directors and senior management team. Mr. Xu Keqiang has resigned as the Chief Executive Officer of the Company and has been re-designated from Executive Director of the Company to Non-executi

INTERCARGO has launched the thirteenth edition of its Benchmarking Report, providing a unique and real time insight into safety standards in the dry bulk sector. A highlight of the Report was the finding that INTERCARGO members demonstrated

CAPE Holland announced that the worlds most powerful Vibro Lifting Tool, the CAPE VLT-640 Triple, has completed its work at the Kaskasi II Offshore Wind Farm. A lot of work went into preparation for the project since the initial stages, whi